PLAY PKN: Video News Bulletin 8 May

In the news this week: PIDA 2020 winners, Orora Fibre / Opal, Wellman Packaging, Colgate Palmolive, Woolworths, GS1, Foodmach

Food & Drink Business

The surge in usage of ‘GLP-1’-style weight loss medications is seeing a “ripple effect” begin to unfold, impacting eating patterns in a number of countries around the world, Rabobank says in recently released research.

Fonterra has reported total group profit after tax of $278 million for 1Q26, up $15 million on the same period last year, as the co-op now pushes ahead with its multi-year business reshaping and the divestment of Mainland Group.

The federal government has announced an additional $10 million in funding support for Australia’s wine and cider industry, through the Wine Tourism and Cellar Door Grants program, which is now on its seventh round.